Top central banks’ rate hike push fizzles out in September, EM parts ways
LONDON (Reuters) – Central banks across major developed economies delivered what looked like a last gasp set of rate hikes in Se..
News
All Posts
What is artificial general intelligence
Artificial General Intelligence (AGI) is a concept that has captured the imagination of scientists, researchers, and futurists for de..
Technology
Italy’s Enel sells 50% of its Australia green business to INPEX
MILAN (Reuters) – Italy’s Enel said on Friday it has finalised the sale of 50% of the two entities owning the group’..
News
Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak
MADRID (Reuters), it – Spanish mobile phone tower operator Cellnex said on Friday it sold a 49% stake in its Swedish and Danish..
News
Nobel Peace Prize could honour Indigenous, women or green activists
By Gwladys Fouche and Ilze Filks OSLO/STOCKHOLM (Reuters) – Ukrainian President Volodymyr Zelenskiy and Russian dissident Alexe..
Research Reports
Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season
(Reuters) – Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy sweaters and coats as th..
News
Meta’s new AI assistant trained on public Facebook and Instagram posts
MENLO PARK, California (Reuters) -Meta Platforms used public Facebook and Instagram posts to train parts of its new Meta AI virtual as..
News
UK business confidence slips in September: Lloyds Bank
LONDON (Reuters) – British business confidence declined in September as optimism about the economic outlook faded, a survey show..
News
Exclusive-Travelex owners considering sale of company –sources
By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – Travelex’s owners are exploring a sale of the British curre..
News
Oil jumps 3% as steep US crude stocks draw adds to supply concerns
HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected, adding to worries of tight glob..
News
Sizes of European government debt trades halve in 2023-ICMA
By Yoruk Bahceli (Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bo..
News
Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg
Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg By Katie Paul and Anna Tong MENLO PARK, California (Reuters) -M..
News
Shopify invests in wholesale platform Faire
LONDON (Reuters) – E-commerce giant Shopify is investing in wholesale platform Faire, the companies said on Wednesday, in a glo..
News
Bank of England delays final Basel bank capital rules to July 2025
LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final le..
News
Germany halts e-cars solar subsidy programme amid high demand
BERLIN (Reuters) – Germany’s state-owned KfW bank on Wednesday said it had halted a new subsidy programme for charging ele..
News
UK’s Hiscox to sell Singapore and Thailand insurance business
(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore..
News
Germany bans neo-Nazi group, raids members’ homes
BERLIN (Reuters) – German authorities raided dozens of locations nationwide on Wednesday after interior minister Nancy Faeser ba..
News
Dollar scales 10-month top as rate jitters persist
By Rae Wee SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and..
News
Merchants want lower fees, need Amazon’s ads as US FTC files suit
RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some als..
News
Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Ban..
News
French shoppers buy fewer tampons, less detergent as prices surge
By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sac..
News
Shutdown showdown in US Congress: Time running short to fund government
WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent paths in a high-stakes spending battl..
News
Three-quarters of firms globally are not ready for new ESG rules, KPMG finds
LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) d..
News
Equities fall as U.S. Treasury yields, dollar stay elevated
NEW YORK (Reuters) – Equities around the world were lower on Tuesday in a choppy trading session as Treasury yields stayed clo..
News
UK home secretary warns uncontrolled migration poses ‘existential challenge’
LONDON (Reuters) -Britain’s Home Secretary Suella Braverman warned on Tuesday uncontrolled migration poses an “existential..
News
French retailers E-Leclerc and Carrefour say they will sell fuel at cost
PARIS (Reuters) -France’s two largest food retailers, E-Leclerc and Carrefour, said on Tuesday that they would heed the governme..
News
Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source
By Valentina Za and Emilio Parodi MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 m..
News
What to do when you lose your Job
Understanding the emotional impact Losing your job can be emotionally challenging. It’s not uncommon to feel a range of emo..
Companies
Novartis confirms Sandoz spin-off for October 4, 2023
ZURICH (Reuters) – Novartis on Monday confirmed its plans for a 100% spin-off of the Sandoz business on Oct. 4 after shareholde..
News
Lego abandons effort to make oil-free bricks – FT
(Reuters) – Danish Toymaker Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its new..
News
Macron wants fuel industry to sell at cost price
PARIS (Reuters) – French President Emmanuel Macron said on Sunday the government would ask the fuel industry to sell at cost pr..
News
Safran CEO sees supply chain pressure through 2024
PARIS (Reuters) -Global aerospace supply chains will remain under pressure throughout 2024, Safran CEO Olivier Andries said on Friday...
News
UK’s Mothercare says it expects to complete refinancing shortly
(Reuters) -Mothercare expects to complete a refinancing shortly and will remain in discussions with stakeholders and financing partne..
News
France’s Eramet and Suez pick Dunkirk for EV battery recycling
PARIS (Reuters) – Eramet and Suez have chosen Dunkirk as the location for a planned electric vehicle (EV) battery recycling faci..
News
Analysis-A year after budget crisis, UK debt faces fresh pensions headwind
LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new challenge to the country’s 2..
News
Warner Bros to expand British studios’ production capacity by over 50%
(Reuters) -Warner Bros Discovery on Thursday said it planned to expand production capacity at its Leavesden studios near London by mor..
News
Irish consumer sentiment drops to six-month low, survey shows
DUBLIN (Reuters) – Irish consumer sentiment slumped to a six-month low in September, a survey showed on Friday, pointing to an i..
News